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News & Information
News and Information
May 1, 2019 After CEO got $42.4 million in 2017, Oreo-maker vows to link executive pay to business performanceSource: Chicago Tribune
Nearly a year after Mondelez International shareholders took the unusual step of rejecting the snack giant’s executive pay packages in an advisory vote, the maker of Oreo and Cadbury says it has implemented changes to more...
It seems that every day the internet is consumed with a social cause that creates an uproar. Over the last couple of days, Twitter and other social media sites were lit up by a tweet and subsequent op-ed written by Abigal Disney,...
April 24, 2019 Barclays shareholders urged to vote against executive pay over 'inadequate' response to whistleblowing scandalSource: CityAM
Shareholder advisory group ISS criticised the measures taken by the bank following Staley’s attempts to unmask a whistleblower in 2016 and advised shareholders to vote down the remuneration report at the bank’s AGM on 2 May.
April 17, 2019 Goldman Sachs Cuts Employee Pay By 20% To Avoid Profit LossSource: IB Times
The world’s largest investment bank reduced employee compensation and benefits by 20 percent to $3.26 billion, outstripping the decline in companywide revenue. The reduction in pay and benefits comes to $90,780 for each of the...
Source: Yahoo Finance
Among the large banks, Citigroup has the highest CEO pay ratio when measuring the top executive’s pay to the median employee’s salary. JPMorgan Chase comes in second place with a pay ratio of 381:1. Bank of New York Mellon and...
April 11, 2019 Here’s what Jamie Dimon and other bank CEOs said are the biggest risks to the economy right nowSource: CNBC
The leaders of the biggest U.S. banks have a message for Congress: take a closer look at the ballooning markets for student and corporate loans.
March 29, 2019 Investors should vote against top HSBC executives' pay- PIRCSource: Reuters
Pensions & Investment Research Consultants (PIRC), which advises pension funds and others on how to vote at companies’ annual general meetings, said HSBC Chief Executive John Flint’s potential bonus amount was...
Source: Ars Technica
Google has given raises to thousands of men after an analysis of Google's pay structure found that the company would otherwise be underpaying those men relative to their peers, The New York Times reports. The analysis also led to...
February 25, 2019 Here’s one ranking of the 25 most overpaid CEOs in the S&P 500Source: MarketWatch
Nonprofit shareholder advocate As You Sow is taking aim at rising CEO pay in a report published Thursday that ranked CEOs in order of most “overpaid,” while pointing out large American fund managers like BlackRock,...
February 22, 2019 Income inequality is rising so fast, data can’t keep upSource: LA Times
Wages at the top of the U.S. income distribution continue to rise much more rapidly than wages for everyone else, according to an analysis of the latest federal data by the Economic Policy Institute, a progressive think tank.
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